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Nanalysis Scientific Corp. is a leading provider of portable NMR machines and MRI technology for industrial and research applications. The company operates in two primary segments: Scientific Equipment and Security Services. In the Scientific Equipment business, Nanalysis develops and manufactures portable NMR spectrometers for laboratory and industrial markets. Their products are used in various industries and research labs globally. Recently, the company achieved significant revenue growth, introduced new innovative products, and expanded its Security Services business through a multi-million dollar government contract.
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Nanalysis Scientific Corp. announces fourth quarter and full year 2023 results with optimistic outlook for 2024. The Company reported revenue growth, improved gross margins, and reduced losses. Financial highlights show increased sales and service revenue, with positive trends in product sales and security services. The Company is focused on innovation, cost-cutting measures, and strategic partnerships to drive profitability. Notable achievements include new revenue records, completion of the Airport Security Project phase-in, and funding for AI software development.
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Nanalysis Scientific Corp. will host a conference call on April 25th to discuss the results for the quarter and year ending December 31, 2023. The Company is a leader in portable NMR machines and MRI technology for industrial and research applications. Investors can participate in the call online or by phone. An additional Q&A session for European investors will be held on April 26th.
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Nanalysis Scientific Corp. announces Full Year 2023 Conference Call for April 29th and European Q&A Session for April 30th. The Company will discuss results for the quarter and year ending December 31, 2023, with CEO and CFO hosting the call. Investors can participate via phone or online webcast. European investors can join the Q&A session as well.
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Nanalysis Scientific Corp. announces the resignation of Kham Lin as a director, effective April 9, 2024, with the Board of Directors accepting his resignation. The Company expresses gratitude for Mr. Lin's contributions.
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Nanalysis Scientific Corp. receives $1.45 million in funding from NRC IRAP to develop AI-based software tools for detecting illicit substances. The project aims to use quantum mechanical modeling and AI to analyze NMR results, identifying both known and unknown designer drugs. The company's non-destructive NMR technology uniquely positions it to assist in this global fight against substance abuse.
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Nanalysis Scientific Corp. announces CEO participation in upcoming webinars and conferences. CEO Sane Krakiwsky to provide business review and update on growth opportunities for the CATSA contract, NMR, and MRI businesses. Investors can register for live events and request one-on-one meetings with management.
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Nanalysis Scientific Corp. (NSCIF) achieved a new record quarter with unaudited Q4 2023 revenues estimated at $9.3MM to $9.8MM. The company attributes this success to the continued expansion of security services related to its airport security maintenance project and recovery in Benchtop NMR sales. Nanalysis also completed the phase-in period for its airport security maintenance project, resulting in the performance of maintenance of passenger screening imaging and detection equipment across Canada. The company sold and shipped 14 100MHz Benchtop NMR units in Q4, driving continued recovery in Benchtop NMR revenue. Additionally, Nanalysis expanded its patent portfolio with the grant of United States Patent #US 11,815,574B2 for its Benchtop NMR products.
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Nanalysis Scientific Corp. completes the phase-in of Canada-wide coverage at all 89 designated airports, marking a significant milestone in its subsidiary KPrime's security services business. The completion of the CATSA project rollout is expected to generate positive EBITDA in Q1 2024, with revenue projected to increase substantially throughout the year. The company has taken over all preventative and corrective maintenance services for CATSA, positioning itself for future growth opportunities in the security services sector.
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Nanalysis Scientific Corp. (NSCI) announces the grant of 475,000 Restricted Share Units to its independent Directors under the RSU plan, with 100,000 RSUs vesting immediately and the remaining vesting over a three-year period.
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Nanalysis Scientific Corp. (NSCI) releases its third quarter results ending September 30, 2023, showing an increase in consolidated revenue to $7,036K, a 61% improvement in Benchtop Sales NMR, and a loss before other items of ($1,354K). The company reports continued progress in Security Services and challenges in Benchtop NMR sales.
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FAQ
What is the current stock price of NANALYSIS SCIENTIFIC (NSCIF)?
The current stock price of NANALYSIS SCIENTIFIC (NSCIF) is $0.265 as of November 22, 2024.
What is the market cap of NANALYSIS SCIENTIFIC (NSCIF)?
The market cap of NANALYSIS SCIENTIFIC (NSCIF) is approximately 29.7M.
What does Nanalysis Scientific Corp. specialize in?
Nanalysis focuses on developing and manufacturing portable NMR spectrometers for laboratory and industrial markets.
In which industries are Nanalysis products used?
Nanalysis devices are utilized in industries such as oil and gas, chemical, mining, pharma, biotech, law enforcement, and more.
What recent achievements has Nanalysis Scientific Corp. made?
Nanalysis achieved significant revenue growth, launched innovative products, and expanded its Security Services business through a multi-million dollar government contract.
What are the core business segments of Nanalysis?
Nanalysis operates in two primary segments: Scientific Equipment and Security Services.
What sets Nanalysis Scientific Corp. apart in the market?
Nanalysis stands out for its development of portable NMR spectrometers, global market opportunities, and expansion of Security Services through government contracts.
How can investors participate in Nanalysis updates and calls?
Investors can dial in to live conference calls hosted by the CEO and CFO or access the webcast on the company's website for the latest updates.
What financial highlights has Nanalysis recently reported?
Nanalysis reported significant revenue growth, positive Adjusted EBITDA, and ongoing cost reduction initiatives, moving towards profitability.
What is the significance of the recent stock options grant by Nanalysis?
Nanalysis granted stock options to directors, officers, employees, and advisors, providing them the opportunity to purchase company shares at a set price over a specified period.
NANALYSIS SCIENTIFIC CORP
OTC:NSCIF
NSCIF Rankings
NSCIF Stock Data
29.75M
72.31M
3.95%
0.03%
Scientific & Technical Instruments
Technology
United States of America
Calgary